Los Consentidos Communal Bank is made up of nine members, six women and three men. The president of the bank is Fidelia. She's 29 years old and has four children, ages 2, 5, 9, and 15. She makes a living selling seasonal fruit. This season she's selling bananas but the mango harvest is coming; she buys it directly from the grower.
She's requesting this loan to buy seasonal fruit.
Fidelia faces challenges in her business such as getting out of poverty. She's going to use the profits to improve her quality of life and her family's. Her dream for her business is to be one of the best merchants and to grow in her business to generate more income.
She feels happy and is grateful to the institution for their support of her and her colleagues who in many cases support their families alone.
El Banco de emprendimiento LOS CONSENTIDOS está compuesto por Nueve integrantes seis mujeres, y tres varones, la presidenta del banco es la Sra. Fidelia, tiene 29 años y cuatro hijos de las edades de 2, 5, 9 y 15 años, ella se dedica a la venta de frutas de temporada, en esta época se encuentra vendiendo plátano, pero ya llega la cosecha de mangos, fruta que compra directo del productor, en esta ocasión solicita el crédito para la compra de frutas según la temporada, la Sra. Fidelia enfrenta retos en su negocio que son salir de la pobreza y va a utilizar los beneficios para mejorar su calidad de vida y la de su familia su sueño para su negocio es ser una de las mejores comerciantes y crecer en su negocio para así generar más ingresos se siente feliz y agradecida con la institución por el apoyo brindado a ella y a sus compañeras que en muchos casos mantiene solas a su familias.
Emprender has been working in Bolivia since 1999. It is dedicated to becoming a key tool in the development of its clients and the improvement of their quality of life. Operating in three of Bolivia’s major cities – La Paz, Cochabamba, and Santa Cruz – Emprender offers both urban and rural clients the opportunity to obtain financial products tailored to fit their needs and businesses. These products include housing loans, salary loans, “opportunity” (short-term) loans, and higher education loans. To better the quality of life for its clients and non-clients through non-financial services, Emprender offers free medical consultations and health classes given by trained doctors.
This is a Group Loan
In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.
Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.